China Shenhua Energy: The application documents for issuing shares, paying cash to purchase assets and raising matching funds and related party transactions have been accepted by the Shanghai Stock Exchange.
Shenhua Group of China announced that on January 30, 2026, the company received a notice from the Shanghai Stock Exchange regarding the acceptance of the application for issuing shares to purchase assets and raising matching funds by China Shenhua Energy Co., Ltd. The company plans to issue A-shares and pay cash to acquire 100% equity of several companies held by its controlling shareholder, China Energy Investment Group Co., Ltd., and to purchase 100% equity of a company held by Western Energy Investment Co., Ltd. of China National Energy Group in cash, while raising matching funds through the issuance of A-shares. The Shanghai Stock Exchange has checked the application documents and deemed them complete and in compliance with legal requirements, deciding to accept and review them in accordance with the law. This transaction still needs to meet various conditions, including approval from the Shanghai Stock Exchange, registration approval from the China Securities Regulatory Commission, and approval, ratification, or consent from other relevant regulatory authorities.
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